Inside Bhutan’s push to become a crypto hub — TradingView News
As the world debates crypto regulations, Bhutan is quietly blending its tradition with technology. Not cash or card, the Himalayan kingdom is now rolling out a crypto welcome mat to woo tourists to the country, in one of its first nation-wide crypto use cases to attract capital inflow.
The country has collaborated with the world’s biggest crypto exchange Binance to enable Binance Pay for masses. It’s a UPI-like payments system that directly converts crypto to fiat currency or Bhutanese Ngultrum on a quick scan of the QR code of the merchant.
Over the last fortnight, Binance and the Bhutan government gave us a glimpse of this futuristic payments ecosystem, as we paid for everything – from hotels, tour guides, street food to…
